Cryptocurrency Ethereum ETH/USD is trading at the level of 339.77. Cryptocurrency continues to trade above the upper boundary of the Ichimoku Kinko Hyo Cloud, which indicates the existence of a bullish trend for Ethereum. The Ichimoku Kinko Hyo Cloud upper limit test is expected near the 340.00 level, from which one should expect an attempt to grow and develop the bull trend on Ethereum with the target of growth near the level of 430.00.
ETH/USD forecast Ethereum on June 17, 2017
Earlier, we received a weak signal for sales of the Crypto currency Ethereum, due to the crossing of the signal lines at the level of 360.70. The cancellation of the growth scenario for Ethereum quotations will be the breakdown of the lower boundary of the Ichimoku Kinko Hyo Cloud with the closing of quotations below the area of 300.00, which will indicate a change in the bullish trend in favor of the parish trend. Expect to accelerate the growth of quotations for ETH/USD is with the breakdown of the local maximum area at 390.00.
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